Significant Benefits FY 05–06

The Foundation is responsible for significant financial distributions that benefit a broad range of our university stakeholders. There is a wide range of designations to which the Foundation distributes funding. The two primary university categories are student scholarships and academic programs.

More that $2 million was provided for the University's programs and projects that enhance the institution's academic impact, such as creating the Center for Entrepreneurship and expanding our commitment to environmental education and sustainability with an endowed Chair of Environmental Literacy. Benefactors have provided Chico State with funding for over 1000 scholarships, giving a total benefit to students of almost $1 million.

In addition, The University Foundation serves as a trustee, administering a wide range of charitable trusts and annuity accounts which provide current income to the designated beneficiaries. When any of these individual accounts terminate, the remaining corpus will benefit the University.

Distributions FY 2005–06

Distributions FY 2005–06 pie chart
  • Trust & Annuity Payments—25%
  • Endowed Programs—12%
  • Scholarship Awards—18%
  • Annual Programs & Projects—45%
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